The 21 Best Condos in Puerto Vallarta to Invest in a Vacation Rental | 2024

Thinking about investing in a condo in Puerto Vallarta? 

Puerto Vallarta is a smart investment opportunity for those looking to start a short-term rental or vacation rental business. It offers the perfect combination between attractive investment costs and excellent average daily rates (ADR). In this article, we will take you through the top-performing condo developments in Puerto Vallarta and Nayarit. 

This list was based on data collected from external sources such as AirDNA, along with our own Naya Homes data. We have identified the 21 condos in Puerto Vallarta/Riviera Nayarit that led vacation rentals and Airbnb bookings in 2023, and we are sharing them with you here.

Be amazed by panoramic ocean views, infinity pools, and other unique features that make these properties standout vacation rentals. Keep reading and get ready for the next step in your investment plan!

1. AVIDA: If you're looking for condos for sale in Puerto Vallarta, this is a wonderful option for an investment. Located in the heart of the Romantic Zone, this development offers attractive common areas such as reading lounges, TV rooms, game rooms, and multipurpose spaces. Check out the complete list of amenities here.
   
   
2. Ciyé: This development is still under construction but we predict it will be a top earner in the region due to its modern, sleek design and its close proximity to the beach. Discover pre-sale prices and attractive financing plans here.
   
   
3. D’esire: In a boutique-sized building, these luxury condos in the Romantic Zone are in the center of Puerto Vallarta's nightlife. Bars, restaurants, and shops are steps away, and it is also pet-friendly for those who cannot travel without their furry companions.
   
   
4. Bolongo Punta de Mita: Designed by renowned architect Arseni Varabyeu, these apartments feature exclusive access to a private beach and their own beach club, business center, movie theater and kids' club, as well as in-house restaurants, including a sushi and cocktail bar. Find out about the lots available for sale here.
   
   

5. Grand Venetian: Located in the Hotel Zone of Puerto Vallarta, The Grand Venetian development has ideal amenities for family vacations: four outdoor pools, billiard game areas, ping-pong, and tennis courts.
   
   
6. Harbor 171 combines relaxation and luxury with a Jacuzzi, multiple pools with direct beach access and a spa, all 15 minutes from the airport and just a 5-minute walk from the boardwalk. You can currently get a pre-sale discount here.
   
   
7. Icon Vallarta stands out for its impeccable design by Philippe Starck, the creative director of Yoo and considered the world's most famous interior designer. Icon Vallarta has three towers with gourmet restaurants, a private theater and a daycare. It’s also in a privileged location, facing Playa de Oro in Puerto Vallarta. Discover the available condos for sale here.
   
   
8. Indah: By investing in a property in Indah, located in Conchas Chinas, Puerto Vallarta, you will have access to infinity pools with Balinese beds at different levels. In addition, intimate gastronomic experiences with a private chef, a select menu, and wine pairing create relaxation and exclusivity experiences.
   
   
9. Loft 268: Panoramic views of the sea and the Romantic Zone stand out in this complex. It has a barbecue next to the rooftop pool and is located in one of the most profitable areas of Puerto Vallarta for short-term condo rentals.
   
   

10. Madero 320 evokes a tropical and sophisticated lifestyle. Among the condos for sale in the Romantic Zone of Puerto Vallarta, this development offers advantages such as a terrace with an outdoor kitchen, an infinity pool with sunbeds for sunbathing, and shaded resting areas.
    
11. Marítima Playa: When it comes to investing in condos in Nuevo Vallarta, Nayarit, this development has some of the best investment opportunities. The development has an architectural design that adapts to the natural environment, with a rooftop garden with panoramic views of Playa Flamingos. Discover more here.
    
    
12. Molino de Agua is located in front of the Cuale River, with panoramic views of Banderas Bay. It has direct access to the beach and the boardwalk, an outdoor pool, and spa services.
    
    
13. Orchid:  Known as the Beverly Hills of Puerto Vallarta, this development offers 5-star amenities. All condos have balconies with views of the Conchas Chinas beaches and Amapas. Extra benefits include spa services, paddle boards, and kayaks. Check out the available units here.
    
    
14. Pavilion: If you are looking for a centrally located condo in Puerto Vallarta, this can be a good investment option. It offers a comfortable terrace with a pool, barbecue, and views of the mountains and the sea, all with the proximity of the best restaurants and bars in the Romantic Zone.
    
    

15. Pier 57: With a sophisticated design and luxury amenities, this development stands out for its infinity pool with trees and internal lounge islands. Investing in a condo here means access to spectacular views of Puerto Vallarta's iconic sunsets.
    
    
16. Sayan Beach:  For those looking for a centrally located condo in Puerto Vallarta but in a quieter area, here you will find private bar and restaurant, spa, steam room, and private beach access.
     
    
17. Shangri-La: These condos in Marina Vallarta with options of three to five bedrooms all have private elevators, offering a sense of privacy within the community. When investing in this extensive development, amenities such as tennis courts, a restaurant with a sea view and marina access, golf courses, and exclusive shopping centers may interest you.
    
    
18. Soho PV: An urban oasis with spacious private balconies in each condo. Soho PV has a sophisticated rooftop garden with comfortable lounge areas and covered pool cabanas overlooking Banderas Bay, as well as a spa, Jacuzzis, steam room, and sauna. An investment in Puerto Vallarta that will make a difference.
    
    

19. Urban: Located in the old town of Puerto Vallarta, near the Muelle de Playa Muertos, a condo in this complex combines the urban style of Mexico's Pacific coast with the varied nightlife and water activities of the Romantic Zone, giving it high potential for vacation rental income.
    
    
20. Vista del Sol possesses, as its name suggests, stunning views of the Muelle de Playa de los Muertos, the sea, and Vallarta's incredible sunsets. Thanks to its location, the possibility of barbecuing on the terrace and walking to the beach, it stands out among the real estate investment options in the Romantic Zone.
    
    
21. Zenith has condos for sale in the Romantic Zone with one to two bedrooms with contemporary design and views of the Sierra Madre and the Pacific. Discover the initial investment prices here.
    
    

In conclusion, investing in real estate in Puerto Vallarta in 2024 offers exciting opportunities, especially considering the performance of most of these 21 condos over the last year. Partnering with a vacation property management company like Naya Homes further facilitates the process—taking away all the operational stress involved in running a short-term rental—turning your investment into a source of passive income.

The options go beyond our selection; there are numerous developments with great potential. If you are looking for additional and personalized advice, we recommend reaching out to local real estate agents. Click here to see our recommendations for real estate agencies in Puerto Vallarta.